The downtown Portland luxury hotel was ranked No. 25 in that category, and the magazine also calls it a great value for having rates lower than $250. It's flanked by the Four Seasons hotels in New York and San Francisco, at Nos. 24 and 26 respectively. Trump International Hotel & Tower in Chicago tops the list.

The rankings are based on reader votes.

The four-star hotel, Portland's first, opened in October 2008 -- in the middle of a deep recession. The $141 million hotel was completed with $16.9 million in loans from the city.

The Nines is owned by Sage Hospitality Resources of Denver and features 331 rooms in the historic Meier & Frank building, above Macy's department store.